MTTG Brückenbauer in USA - 500 Beiträge pro Seite

[axcol]

haben heute Nacht News rausgegeben.

[axcol]

Antwort auf Beitrag Nr.: 30.981.781 von axcol am 02.08.07 11:46:37

Press Release Source: Material Technologies Inc.


Material Technologies Chief Engineer Comments on Bridge Disaster for Fox News, Notes Widespread Bridge Infrastructure Problem in U.S.
Thursday August 2, 12:53 am ET


LOS ANGELES & MINNEAPOLIS--(BUSINESS WIRE)--Brent Phares, Ph.D., Chief Engineer of Material Technologies Inc., (OTCBB:MTTG - News), a developer of advanced technology to monitor and measure metal fatigue, commented on today's highway bridge collapse in Minneapolis, calling the disaster a sign of America's widespread problem with its aging infrastructure. Company Chief Engineer Brent Phares made his comments during and after an interview Wednesday night on Fox News at 11:00 PM ET.
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Phares said it is too early to tell exactly what caused Minnesota DOT Bridge 9340, which carries Interstate 35 W over the Mississippi River just east of downtown Minneapolis, to collapse suddenly during rush hour. But he pointed out that the bridge was 40 years old and was built at a time when vehicular traffic and weights were much less than they are today and at a time when bridge steels and redundancy where not at today's standards. At the time of the collapse, trucks, buses and passenger vehicles were bumper-to-bumper on the bridge. The bridge also had fatigue-susceptible details which were difficult to inspect.

"Our first thoughts after this horrific event must go toward the injured, the families of the victims and the heroic people who have worked to save lives at the disaster scene and at hospitals," Phares said today. "As authorities analyze the collapse and determine its cause, however, they will have to come to terms with the fact that bridge failures are not isolated, rare events, and that the risk of new tragedies from unseen metal fatigue inevitably grows as steel bridges age. There is a growing, urgent need to inspect bridges with the most advanced technology in order to prevent more tragedies like today's collapse."

Phares noted the following facts about bridges in the U.S.:

Visual inspection is the primary method of checking bridges for possible metal fatigue and potential catastrophic failure.
One study by the Federal Highway Administration (FHWA) found that over 90% of fatigue cracks were missed with visual inspection.
Of all the methods (visual and non-visual) used to detect cracks, only Material Technologies' Electrochemical Fatigue Sensor system can determine whether the cracks are growing. EFS can determine not only whether cracks are growing but whether they are growing slowly or rapidly.
Over the past 10 years, on average, there have been one bridge failure in the U.S. every week.
According to federal data, 39% of the bridges in the U.S. are structurally deficient or functionally obsolete
Federal law mandates that bridges over 20 feet long be inspected every other year, but it does not require any particular method of inspection.
SAFETEA-LU, the federal transportation bill currently in effect, mandated that the FHWA carry out a program to identify technologies that detect growing fatigue cracks in bridges. Material Technologies' EFS is part of that program and already has been used in Pennsylvania. It also has been used in New Jersey, Massachusetts and Utah. Overseas, bridge owners in Australia, the U.K. and elsewhere have shown interest in deployment of the EFS in the near future.
About Material Technologies

Material Technologies Inc. (OTCBB:MTTG - News), also known as MATECH, is an engineering, research and development company specializing in technologies to measure microscopic fractures and flaws in metal structures and monitor metal fatigue in real time. The company's leading-edge metal fatigue detection, measurement and monitoring solutions can accurately test the integrity of metal structures and equipment including bridges, railroads, airplanes, ships, cranes, power plants, mining equipment, piping systems and heavy iron. For more information about Material Technologies, Inc., please visit its website at www.matechcorp.com.

Forward-Looking Statements: Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Such statements are indicated by words or phrases such as "believe," "will," "breakthrough," "significant," "indicated," "feel," "revolutionary," "should," "ideal," "extremely" and "excited." These statements are made under "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See the Company's filings with the Securities and Exchange Commission including, without limitation, the Company's recent Form 10-K and Form 10-Qs, which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.



Contact:
Material Technologies, Inc.
Robert Bernstein, 310-208-5589
[e-mail]
www.matechcorp.com
or
Investor or Media Relations
Omar Tajyar, 818-382-9704
Cell: 818-201-7455
[e-mail]
www.irintl.com

[axcol]

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Press Release Source: Material Technologies, Inc.


Material Technologies' Electrochemical Fatigue Sensor (EFS) and Fatigue Fuse Can Determine Actively Growing Cracks in Bridges and Continuously Monitor Accumulated Fatigue in Real-Time
Thursday August 2, 12:45 am ET
Expert Opinion on River I-35 Bridge Collapse in Minneapolis Available from Material Technologies, Inc.


LOS ANGELES--(BUSINESS WIRE)--Material Technologies, Inc. (OTCBB: MTTG - News) has the only nondestructive field testing device able to find growing cracks in bridge structural members as small as 0.01 inches in length and some non-surface breaking cracks - critical information that allows structural engineers to isolate and repair steel bridges in the U.S.; competing technologies do not detect crack growth.
Material Technologies, Inc.'s Electrochemical Fatigue Sensor (EFS) is a nondestructive crack inspection technology, similar in concept to a medical EKG. It can be used to determine if actively growing fatigue cracks are present. An EFS sensor is first applied to the fatigue sensitive location on the bridge or metal structure, and then is injected with an electrolyte at which point a small voltage is applied. The system subsequently monitors changes in the current response that results from the exposure of fresh steel during crack propagation. The EFS system consists of an electrolyte, a sensor array and potentiostat for applying a constant polarizing voltage between the bridge and sensor, as well as data collection and analysis software. The current response from the sensor array, which consists of a crack measurement sensor and a reference sensor, are collected, analyzed and compared with the system software. An algorithm, specifically written for this system, automatically indicates the level of fatigue crack activity at the inspection location.

Benefits:

Replaces "wait-and-see" approach by allowing immediate detection of growing cracks at known and unknown locations, as well as at repairs
Increases the safety of the infrastructure and the efficiency of bridge management through better and more timely fatigue crack detection
More accurate assessment of condition ratings - extends the life of the structure through early identification and repair of growing cracks
Determines which cracks need immediate attention and which repairs can be deferred or eliminated; helps bridge owners utilize repair and rehabilitation funds more effectively
Repairs/retrofits can be verified immediately - no re-inspection needed
Fatigue Fuse - a sensor that continuously monitors accumulated fatigue in real time. Each sensor, which is comprised of several notched metal strips, is adhered to certain "high-stress" areas of a metal structure. As the structure experiences varying stresses and strains, individual notches crack and separate at calibrated fractions, thereby indicating the amount of fatigue life remaining.

Robert M. Bernstein, CEO, of Material Technologies commented on the River I-35 bridge collapse tragedy in Minneapolis saying: "A recent AP article stated that the May 2006 evaluation of the I-35 bridge recommended monitoring of 'fatigue cracking' on the bridge's girders. This type of tragedy can be prevented. The visual inspection techniques that are the industry standard for evaluating fatigue and cracks are simply not adequate. Our EFS and Fatigue Fuse technologies are relatively inexpensive and efficient ways to monitor growing crack issues in real-time."

Bridging the Facts

Fatigue is one of the leading causes of bridge structural problems
All 600,000 bridges listed in the National Bridge Inventory (NBI) require biennial inspection, as mandated by National Bridge Inspection Standards
Approximately $400 million is spent annually on inspection of small- to medium-size steel bridges.
Visual Inspection is the most used inspection method, and according to the Federal Highway Association, about 90% of fatigue cracks are missed during visual inspections
A bridge failure (closure/ collapse) occurs once a week on average in the US - causing highway congestion, which ultimately affects economic productivity
Average age of a bridge is greater than 50 years old - most bridges in the US are designed for a 50-year life
26% of U.S. bridges are not designed to handle current traffic levels or need major repairs; among the 11 Northeastern states, 39% of bridges are structurally deficient or functionally obsolete (The Road Information Program®, TRIP, 2005)
About Material Technologies, Inc.

Material Technologies Inc., also known as MATECH, was founded in 1983 and is based in Los Angeles. It is an engineering, research and development company that specializes in technologies to measure microscopic fractures in metal structures and to monitor metal fatigue. The Company has already completed significant work for the federal government -- generating $8.3 million to develop technology to detect metal fatigue in aircraft and steel bridge components. It has also received $5 million in private investments. Building on that base of experience and capital, it is now beginning to market its technologies to companies and government agencies involved in the inspection of metal highway and railroad bridges. To learn more, go to www.matechcorp.com.

Forward-Looking Statements

Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Such statements are indicated by words or phrases such as "believe," "will," "breakthrough," "significant," "indicated," "feel," "revolutionary," "should," "ideal," "extremely" and "excited." These statements are made under "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See the Company's filings with the Securities and Exchange Commission including, without limitation, the Company's recent Form 10-K and Form 10-Qs, which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.



Contact:
Material Technologies, Inc.
Robert Bernstein, 310-208-5589
[e-mail]
www.matechcorp.com
or
The Investor Relations Group, Inc.
Investor Relations:
Christine Berni/Joe Triunfo, 212-825-3210
[e-mail]
[e-mail]
or
Media:
Mike Graff
[e-mail]
[e-mail]

[axcol]

aus Ihub:

Posted by: JJSeabrook
In reply to: None Date:8/2/2007 1:22:32 AM
Post #of 180642

Bridge testing company stocks may do well tomorrow after the horrible bridge collapse in Minneapolis. MTTG is one that comes to mind.

Of course, my prayers go out to those affected by that terrible tragedy.

[janolo]

http://www.bild.t-online.de/BTO/news/2007/08/02/minneapolis-…

[axcol]

steigt ja ganz gut in USA

[axcol]

RT USA 1,38

[axcol]

1,02 x 1,10
in FFM

[axcol]

1,10 x 1,18

wohl ausser mir keiner da

[Brokertime]

Antwort auf Beitrag Nr.: 30.999.854 von axcol am 03.08.07 10:17:07

Gute Story- ohne Frage; Spread ist mir bislang zu groß hier. Werde ggf. heute in USA ordern!!!

Grüße

[UH1d]

Tach

Hab mir gestern auch nen paar geholt.

Es gibt viele in US!

The US Government must now preside over the accelerating deterioration of the 610,389 bridges that make up the nationwide bridge infrastructure. Approximately 100,000 bridges are rated "structurally deficient" using Federal Highway Administration (FHWA) guidelines, and this number is increasing annually despite remedial actions taken. A specific population of what is defined as the average bridge - two and half spans - numbers 25,161 bridges, and require immediate repair. The cost, as estimated by the FHWA, reported in the NBI data, is $104 per square foot, or more than $20 billion.

Grüße

[axcol]

was geht jetzt ab ?

[axcol]

wer kauft zu solchen Preisen ?
Stuttgart 1,45 ?

[Wehlofant]

was ist denn hier los? oh ist schon stark gestiegen. Glückwunsch @ all investierten

[Wehlofant]

Antwort auf Beitrag Nr.: 31.004.495 von axcol am 03.08.07 14:41:23

axcol ich wars nicht

[axcol]

Antwort auf Beitrag Nr.: 31.004.569 von Wehlofant am 03.08.07 14:45:42

Brückeninspektionsfirma aus USA

[axcol]

Antwort auf Beitrag Nr.: 31.004.591 von Wehlofant am 03.08.07 14:47:08

weit über pari

[Wehlofant]

Antwort auf Beitrag Nr.: 31.004.592 von axcol am 03.08.07 14:47:09

ach weil die brücke zammgefallen ist??

[axcol]

Antwort auf Beitrag Nr.: 31.004.591 von Wehlofant am 03.08.07 14:47:08

Moin erstmal

[axcol]

Antwort auf Beitrag Nr.: 31.004.609 von Wehlofant am 03.08.07 14:47:48

ja, stieg gestern in USA unter hohem volumen

[Wehlofant]

Antwort auf Beitrag Nr.: 31.004.613 von axcol am 03.08.07 14:47:59

moin ja 1,39 USD SK ich warte mal bis 15:30 wie brokertime ab

[axcol]

Antwort auf Beitrag Nr.: 31.004.609 von Wehlofant am 03.08.07 14:47:48

Umsatz gestern drüben über 800.000 USD

[axcol]

Antwort auf Beitrag Nr.: 31.004.642 von Wehlofant am 03.08.07 14:49:28

Überlege da auch noch nachzu kaufen.

[Wehlofant]

Antwort auf Beitrag Nr.: 31.004.646 von axcol am 03.08.07 14:49:46

ist ja ordentlich. die haben wohl den Auftrag für die eingestürzte brücke?? oder Kontrollen anderer Brücken?? Habe noch net genau nachgelesen

[Wehlofant]

Antwort auf Beitrag Nr.: 31.004.665 von axcol am 03.08.07 14:50:37

ich dummkopf habe gestern dein eröffneten Thead gelesen, da standen wir bei 0,79 € und habe nicht gleich reagiert nicht so wie bei amer. Skiing... das war ja ein Ding gewesen

[axcol]

Antwort auf Beitrag Nr.: 31.004.695 von Wehlofant am 03.08.07 14:52:38

Mehr wie schreiben kann ich nicht.

[Brokertime]

Antwort auf Beitrag Nr.: 31.004.695 von Wehlofant am 03.08.07 14:52:38

...ging mir auch so...! Ich Depp!

[Brokertime]

Antwort auf Beitrag Nr.: 31.004.646 von axcol am 03.08.07 14:49:46

Hat einer von Euch schon was Vorbörsliches aus USA. Bei ADVFN steht 1,39/1,4- ist aber noch von gestern Abend.

Wenns dort hoch geht kaufe ich hier doch!

[Brokertime]

Antwort auf Beitrag Nr.: 31.004.783 von axcol am 03.08.07 14:58:23

Sind die eigentlich marktführend drüben? Und wieso ist der Kurs dort so abgerauscht in den letzten Monaten...?

[axcol]

Antwort auf Beitrag Nr.: 31.005.060 von Brokertime am 03.08.07 15:12:50

Weiss ich auch nicht

[axcol]

Antwort auf Beitrag Nr.: 31.005.026 von Brokertime am 03.08.07 15:11:02

1,50 x 1,54

[axcol]

bis 1,90 könnte es gehen
L2 sieht gut aus

[axcol]

1,53 x 1,54

[axcol]

1,58

[axcol]

1,62

[axcol]

das wird wohl noch ein
lustiger Tag.

[axcol]

1,63

[Croatia123]

Bin dabei!!!

[Croatia123]

[axcol]

Antwort auf Beitrag Nr.: 31.006.066 von Croatia123 am 03.08.07 16:00:11

Moin,
da bin ich ja endlich nicht mehr alleine hier

[Croatia123]

Antwort auf Beitrag Nr.: 31.006.129 von axcol am 03.08.07 16:02:41

Da ist ne Menge Fantasie in diesem Wert und das liebt die Börse !


Da sind schöne Käufe dabei!!

[axcol]

Antwort auf Beitrag Nr.: 31.006.198 von Croatia123 am 03.08.07 16:05:58

gestern fast 1 Million USD Umsatz,
die haben wir heute in 1 Stunde.

[axcol]

Antwort auf Beitrag Nr.: 31.006.198 von Croatia123 am 03.08.07 16:05:58

bin gespannt, wann die MM s das Teil
laufen lassen.

[Croatia123]

Antwort auf Beitrag Nr.: 31.006.265 von axcol am 03.08.07 16:09:10

Schöne Gewinnmitnahmen ohne Kurseinbrüche bzw. auch gute Käufe. 2$ wir kommen!!

[axcol]

Antwort auf Beitrag Nr.: 31.006.369 von Croatia123 am 03.08.07 16:13:24

Acra ist gestern im ask bei 1,70 gewesen
heute bei 1,83

[Croatia123]

Im Januar stand der Kurs bei 5$ !!

[Croatia123]

Jetzt aber aufi !!

[axcol]

Antwort auf Beitrag Nr.: 31.006.466 von Croatia123 am 03.08.07 16:17:16

1,64

[Croatia123]

Antwort auf Beitrag Nr.: 31.006.418 von axcol am 03.08.07 16:15:18

Ich hasse ARCA aber den werden wir auch überwinden!!!

[axcol]

Antwort auf Beitrag Nr.: 31.006.505 von Croatia123 am 03.08.07 16:18:38

einen kleinen Rücksetzter gegen Mittag
und dann weiter hoch, war gestern genau so

[Croatia123]

Antwort auf Beitrag Nr.: 31.006.493 von axcol am 03.08.07 16:18:14

Was mich wurdert ist das bei Investorshub totenstille herrscht!!!

http://investorshub.advfn.com/boards/board.asp?board_id=8182

[Croatia123]

Antwort auf Beitrag Nr.: 31.006.579 von axcol am 03.08.07 16:20:49

Muß jetzt weg, bis später !!

[axcol]

Antwort auf Beitrag Nr.: 31.006.613 von Croatia123 am 03.08.07 16:22:19

[Croatia123]

Gap geschlossen, jetzt geht es wieder aufwärts!!


...bis später !!

[axcol]

Antwort auf Beitrag Nr.: 31.006.727 von Croatia123 am 03.08.07 16:26:59

cu

[axcol]

1,65

[axcol]

1,73

[Croatia123]

Antwort auf Beitrag Nr.: 31.009.631 von axcol am 03.08.07 18:52:37

bin wieder da, sieht gut aus

[axcol]

Antwort auf Beitrag Nr.: 31.010.232 von Croatia123 am 03.08.07 19:30:34

Moin

[Croatia123]

Antwort auf Beitrag Nr.: 31.010.334 von axcol am 03.08.07 19:37:27

So !!! Die letzte Stunde, jetzt wird es interessant.

[Croatia123]

[Croatia123]

http://www.rallymonkey.com/video/kenindex.swf

[Croatia123]

http://www.rallymonkey.com/video/kenindex.swf

[axcol]

1,75

[Croatia123]

Antwort auf Beitrag Nr.: 31.014.163 von axcol am 03.08.07 22:00:42

Bin sehr zufrieden!! Gestern und heute gestiegen, sogar auf Tageshoch geschlossen

Der Uptrend ist in Takt und nächste Woche sollte es weiter gehen !!



Schönes Wochenende!!

[Croatia123]

Press Release Source: Material Technologies Inc.

Material Technologies Inc. Receives Capital Boost as European Institutional Investors Exercise Warrants
Friday August 3, 4:15 pm ET

LOS ANGELES--(BUSINESS WIRE)--Material Technologies Inc. (OTCBB: MTTG - News), a developer of advanced technology to monitor and measure metal fatigue, today reported that its European institutional investors have committed more capital by exercising warrants from a round of equity financing arranged earlier this year through Continental Advisors SA of Luxembourg.

The investors include leading firms Julius Baer Asset Management of Zurich, Switzerland, and Anima Funds of Milan, Italy. Fund managers cited the potential of Material Technologies' EFS technology to detect cracks in aging bridges and infrastructure in the U.S. and Europe. EFS best utilizes bridge and rail maintenance funds by finding cracks early on, so that they can be repaired quickly and inexpensively before a failure is imminent.

"Once a competitive advantage, the U.S. infrastructure from roads and bridges to pipelines and sewage is becoming a growing liability and a new focus for the government. Material Technologies is favorably positioned to benefit from this renewed spending cycle," said Alexander Shalash, Executive Director and fund manager for Julius Baer Asset Management.


Materials Technologies now has the necessary capital to continue its expansion and marketing campaign to further add municipalities, states and countries in need of disaster-averting EFS technology to the list of its clients.

"This decision by high-profile money managers to commit significant new equity capital is a strong vote of confidence for the future of this company and of its technology," said Material Technologies CEO Robert M. Bernstein. "It enables us to meet our capital needs for the foreseeable future, and it recognizes the potential demand for EFS technology, especially amid safety concerns that have been heightened by this week's bridge collapse in Minnesota."

[Croatia123]

Last Trade: 1.85$

[Croatia123]

Die Aussage gefällt mir am besten

Fund managers cited the potential of Material Technologies' EFS technology to detect cracks in aging bridges and infrastructure in the U.S. and Europe.


Die nächsten Tage Wochen wird es lustig!!

[axcol]

Antwort auf Beitrag Nr.: 31.015.303 von Croatia123 am 03.08.07 22:42:03

Moin,
denke auch da kommt einiges auf uns zu.

[Croatia123]

Antwort auf Beitrag Nr.: 31.018.658 von axcol am 04.08.07 10:23:43

http://www.jacksonville.com/tu-online/stories/080407/met_188…

[UH1d]

Nabend!
wieviel Shares sind hier unterwegs?
Stimmt das mit der mkt kap auf yahoo.com?
Danke für antworten

Grüße

[axcol]

Antwort auf Beitrag Nr.: 31.023.529 von UH1d am 04.08.07 22:50:54

Moin,
ich hab das gefunden:

Open:
$1.52
Shares Out:
106.23M
P/E:
N/A
High:
$1.85
Market Cap:
$196.52M
EPS:
N/A
Low:
$1.50
52-Wk High:
11/09$13.50
Dividend:
0.00
Bid:
$1.84
52-Wk Low:
09/06$0.03
Yield:
N/A
Ask:
$1.85
Avg Volume:
87,300
Ex Date:
11/8/06

[axcol]

Antwort auf Beitrag Nr.: 31.023.529 von UH1d am 04.08.07 22:50:54

Hast du die nachbörslichen News gelesen ?

[Croatia123]

Antwort auf Beitrag Nr.: 31.023.529 von UH1d am 04.08.07 22:50:54

Die MK ist extrem hoch aber hier wird die Zukunft gehandelt. Gestützt durch den Brückeneinsturz werden Millarden Dollar für Brückensanierungen ausgegeben und man spekuliert das MTTG mit deren Technologie einen Stück vom Kuchen abbekommen.

Die Menschen verlangen eine schnelle Reaktion von der Regierung deshalb kann ich mir vorstellen das nächste Woche noch sehr positive Nachrichten seitens MTTG kommen werden.

Wir werden sehen....

[Croatia123]

......Aber der US-Verband der Ingenieure sieht allein für Brücken einen Investitionsbedarf von 188 Milliarden Dollar - für die gesamte US-Infrastruktur seien mehr als 1,6 Billionen Dollar notwendig......

http://www.20min.ch/news/ausland/story/29954811

[Croatia123]

Es wird kräftig Werbung gemacht für MTTG, vorallem diese Aussage gefällt mir!!

Our technology is the only one that can find a growing crack.

http://www.thestar.com/News/article/243262

[UH1d]

Antwort auf Beitrag Nr.: 31.030.238 von axcol am 05.08.07 13:55:22

Morgen schön!

Ja hab ich gelesen, klingt gut, paar konkrete Zahlen wären noch besser!

Grüße aud nen grünen Tag

[axcol]

Moin,
auf einen grünen Tag

[UH1d]

Die 2 Dollars weredn wohl fallen mit der News.....

Grüße

[axcol]

1,35
STu

[UH1d]

Fra


1,3 zu 1,38

Noch kein Handel?

Wird schon noch

[axcol]

Antwort auf Beitrag Nr.: 31.046.828 von UH1d am 06.08.07 09:32:00

Stuttgart ging was

[Croatia123]

Antwort auf Beitrag Nr.: 31.047.353 von axcol am 06.08.07 10:15:56

USA geschlossen = 1,85$

Alles was unter 1,47 Euro gekauft wird ist unter Pari, also noch günstig zu haben!!

[UH1d]

Was für die Chartfanatiker

http://quotes.barchart.com/texpert.asp?sym=mttg

Fra 1.38 zu 1.46

[Croatia123]

With additional breaking news issued on Material Technologies Inc. (OTCBB: MTTG), the stock is a "must-see" for investors. The company, a developer of advanced technology to monitor and measure metal fatigue, issued a press release Friday after the markets closed announcing that its European institutional investors have committed more capital by exercising warrants from a round of equity financing arranged earlier this year through Continental Advisors SA of Luxembourg.


Great news for MTTG! Materials Technologies now has the necessary capital to continue its expansion and marketing campaign to further add municipalities, states and countries in need of disaster-averting EFS technology to the list of its clients.

http://www.petroleumstocks.com/snapshot_newsrelease.asp?comp…

[UH1d]

NEWS!

MATECH’s New Bridge Inspection Technology Explained. MATECH to Initiate National Program Aimed at Federal and State Agency Education and Implementation of MATECH’s Non-Destructive Electrochemical Fatigue Testing Technology

LOS ANGELES--(BUSINESS WIRE)--Material Technologies, Inc. (OTC BB: MTTG.OB) ("MATECH") announced its new bridge inspection program aimed at the Federal Highway Administration (FHWA) and state departments of transportation which will educate and advise governmental agencies and responsible departments on using MATECH’s patented electrochemical fatigue testing process on critical transportation infrastructure. MATECH’s engineers will advise the FHWA and state DOT’s regarding the Company’s bridge inspection technology which helps locate and determine whether metal fatigue induced cracks in metal bridges are increasing in size as part of the national bridge safety regime of inspection, maintenance and repair. MATECH’s technology can help these agencies allocate precious resources, save repair and rehabilitation funds while helping insure bridge safety and uninterrupted traffic flows -- not to mention lives.

According to the Federal Highway Administration (FHWA) and the 49 State Department of Transportation (DOT) bridge inspectors, visual inspection of steel girder bridges with crack indications at critical weld connection points resulted in an abysmal accuracy rate of only 3.9 percent! In other words, cracks in critical steel bridge structural points were missed an appalling 96 percent of the time by inspectors. There are over 600,000 bridges in the United States. Many bridges we drive on every day were built at least 50 years ago, and not designed to withstand today’s enormously increased traffic loads. According to the FHWA, a staggering 39 percent of all steel bridges are structurally deficient or functionally obsolete.

“Without intervention now, these cracks will spread until they seriously undermine highway safety,” says Robert M. Bernstein, CEO of publicly traded Material Technologies, Inc., a Los Angeles-based technology firm which has a patented non-destructive steel bridge inspection system. The company has developed an effective method to pinpoint growing cracks. Its team of “bridge doctors,” all engineers, specializes in detecting and monitoring metal fatigue in civil infrastructure, including steel bridges such as the Minneapolis, Minnesota bridge which collapsed over the Mississippi River on Friday. MATECH’s mission is to provide a cost effective, technologically advanced, and accurate system for detecting minute cracks in steel structures which portend future problems. In essence, MATECH’s mission is to put into effect the old adage “an ounce of prevention is worth a pound of cure.” In this case, a simple inspection using the MATECH EFS system is worth millions of dollars of future costs.

Although each of the 600,000 existing bridges (including about 190,000 metal bridges) in the U.S. must, by law, be inspected every two years, they are mostly inspected visually by inspectors using binoculars or by tapping with a hammer. It can be argued that this is not an adequate means of inspection, since 90 percent or more of the cracks are completely missed with visual inspection alone, according to the FHWA. The 190,000 metal bridges include 39,000 structurally deficient and 35,000 functionally obsolete bridges identified by the FHWA and the various state DOT’s. The potential annual revenue from these structurally deficient and obsolete bridges from EFS inspections, at an average cost of $15,000 per inspection, is about $550 million. The potential annual revenue from all the states’ steel bridges is $1.4 billion.

MTTG’s Electrochemical Fatigue Sensor technology identifies and locates minute cracks in structural metal on steel bridges. Metal fatigue and especially catastrophic failures of critical structural components in metal bridges is a significant risk and national concern. Most of the bridges within the US are over 40 years old and have been stressed by years of repeated cyclical strain from millions of load / unload stress cycles which can compromise the stability and integrity of metal structures and potentially lead to catastrophic failure or dangerous conditions.

Several companies focus on bridge inspection, using techniques such as ultrasound, radiography and dye penetrant, but only Material Technologies’ Electrochemical Fatigue Sensor (EFS) measures the activity of growing cracks in metal bridges during ordinary traffic conditions, similar to the way an EKG monitors the heart.

EFS can find cracks as small as 0.01 inches, too small to be seen by the naked eye. The $286 billion Federal Transportation Act, signed into law last year, allocates funds to help states evaluate nondestructive methods, such as the EFS, to test growing cracks in bridges.

“Finding small cracks early in a well-traveled bridge can not only prevent disasters, but save cities and states millions of dollars in the long run,” says Bernstein. For more information, log on to www.matechcorp.com.

About Material Technologies, Inc. (MTTG.OB)

MATECH is an engineering, research and development company specializing in technologies to measure microscopic fractures and flaws in metal structures and monitor metal fatigue in real time. The company’s leading edge metal fatigue detection, measurement and monitoring solutions can accurately test the integrity of metal structures and equipment including bridges, railroads, airplanes, ships, cranes, power plants, mining equipment, piping systems and heavy iron.

MATECH owns the only nondestructive testing technology able to find growing cracks as minute as 0.01 inches—critical information that allows structural engineers to isolate and repair the more than 74,000 steel bridges in the US which have been classified as structurally deficient or functionally obsolete by the Federal Highway Administration. MATECH has exclusive rights to seven patents along with $8.3 million in already completed contracts from the US Government for research, testing and validation of its innovative solutions.

To hear more about MTTG from CEO/President Robert M. Bernstein go to: http://www.publiccoreport.net/featured/MTNA/company.asp or visit the company's website at www.matechcorp.com.

Forward-Looking Statements:

Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Such statements are indicated by words or phrases such as "believe," "will," "breakthrough," "significant," "indicated," "feel," "revolutionary," "should," "ideal," "extremely" and "excited." These statements are made under "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See the Company's filings with the Securities and Exchange Commission including, without limitation, the Company's recent Form 10-K and Form 10-Qs, which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.

[axcol]

Antwort auf Beitrag Nr.: 31.049.917 von UH1d am 06.08.07 13:33:47

2 Dollar wir kommen

[Croatia123]

Antwort auf Beitrag Nr.: 31.050.324 von axcol am 06.08.07 14:06:30

[axcol]

Antwort auf Beitrag Nr.: 31.050.422 von Croatia123 am 06.08.07 14:16:17

hab noch mals nachgekauft

[spike_one]

Antwort auf Beitrag Nr.: 31.051.103 von axcol am 06.08.07 15:16:32

ich will mind. 5$

[axcol]

Antwort auf Beitrag Nr.: 31.051.123 von spike_one am 06.08.07 15:17:40

du auch hier
?

[spike_one]

Antwort auf Beitrag Nr.: 31.051.158 von axcol am 06.08.07 15:20:48

nein du hast mich nicht gesehen

[Croatia123]

[Croatia123]

Schöne Gewinnmitnahmen, jetzt kann es wieder aufi gehen !!!

[Croatia123]

Weit und breit kein ARCA!!!

[Croatia123]

Gleich haben wir die 2$

[UH1d]

Grüße

[Croatia123]

Antwort auf Beitrag Nr.: 31.052.803 von UH1d am 06.08.07 17:13:50

Grüße zurück!!

[axcol]

grüße an alle von der See

[axcol]

Moin
After Hours: $1.82Change: +0.33 +21.95%Volume: 47,000

[Croatia123]

Hallo Leute!!!

Schade!!! Gestern etwas abgeschmiert aber irgendwie konnte man auch damit rechnen das es Gewinnmitnahmen gibt. Innerhalb 2 Tagen fast 100% gestiegen.

Aber es hat sich an der Situation nichts geändert. MTTG hat ein patentiertes, einzigartiges Produkt und das wird momentan dringend gebraucht.

Ich rechne bald mit guten Aufträgen !!!!

[Croatia123]

Vom 03.08 !!! Da kommt noch was großes auf uns zu!!

According to many analysts and engineers , bridge maintenance appears to be one of the most important methods for preventing a collapse such as that in Minneapolis, but other options including fatigue sensors and strain gages. Companies like MATECH have been working on fatigue sensors for awhile now that can detect micro-cracks in surfaces of bridges and other metal structures.

http://www.designnews.com/article/CA6465496.html?industryid=…

[Croatia123]

MTTG wird zum Liebling der Analysten und die werden sicher die Aktie hochpushen!!

[axcol]

Antwort auf Beitrag Nr.: 31.064.178 von Croatia123 am 07.08.07 14:32:03

Moin
L2 sieht gut aus

[axcol]

was ist dennjetzt los ?

[Croatia123]

Antwort auf Beitrag Nr.: 31.065.407 von axcol am 07.08.07 15:55:29

[Croatia123]

[Croatia123]

Puhh!!! Jetzt aber wieder rauf!!!

[axcol]

Antwort auf Beitrag Nr.: 31.065.558 von Croatia123 am 07.08.07 16:04:44

damit hab ich echt nicht gerechnet.

[Croatia123]

Antwort auf Beitrag Nr.: 31.067.140 von axcol am 07.08.07 17:32:45

Fazit wird erst um 22:00 Uhr gezogen, kann noch viel passieren. Stimmt!! hab leider auch nicht damit gerechnet!!

[wasistnochfrei]

nur weil da mal eine brücke einstürzt soll die aktie hier steigen

[Croatia123]

Antwort auf Beitrag Nr.: 31.072.522 von wasistnochfrei am 07.08.07 23:33:18

Ohhh Mann, informiere Dich zuerst bevor Du ein Statement abgibst!! Bitte lesen !

.....Verkehrsministerin Mary Peters schickte eine entsprechende Aufforderung an alle 50 Bundesstaaten....

...........Nach Angaben des US-Verkehrsministeriums gibt es landesweit 756 Brücken, die ähnlich wie die von Minneapolis gebaut sind. Einige Gouverneure haben bereits die Überprüfung der Bauwerke angeordnet. Einer zwei Jahre alten Untersuchung des Ministeriums zufolge ist etwa ein Viertel der fast 600.000 Brücken in den USA "strukturell mangelhaft und funktionell veraltet". Fachleute weisen darauf hin, dass bei der veralteten Infrastruktur in den USA besonders die Brücken nur sehr kostspielig saniert werden könnten.

http://de.today.reuters.com/news/newsArticle.aspx?type=world…

[Croatia123]

Hat jemand "BESTENS" geschmissen??!!

USA = 1,18$ = 0,94€ Berlin

[Croatia123]

News !!

http://biz.yahoo.com/bw/070808/20070808005220.html?.v=1

[Croatia123]

[axcol]

Antwort auf Beitrag Nr.: 31.082.641 von Croatia123 am 08.08.07 17:15:27

geht ja wieder

[Croatia123]

Guten Morgen!!

Denke das der abverkauf endgültig vorbei ist. Die die draussen sind draussen und neue Investoren sind eingestiegen. Zusätzlich waren am Mo und Di die Shorty am Werk und wenn ich mich nicht irre müsste die Leerverkäufe spätestens nach 3 Tage gecovert werden. Heute ist Donnerstag und vielleicht kommt eine News. Ich rechne damit das wir über der 1,5$ in dieser Woche schließen werden.

Meine Meinung!!

[Croatia123]

Na schauen wir mal ob MATECH davon profitiert!


Nach dem verheerenden Einsturz einer Autobahnbrücke in Minnesota sollen 600.000 US-Brücken verstärkt auf ihre Sicherheit überprüft werden. Dies ordnete US-Verkehrsministerin Mary Peters in Washington an. Das Ministerium empfiehlt allen US-Bundesstaaten umgehende Inspektionen vor allem jener rund 750 Brücken, die eine ähnliche Konstruktion haben wie die eingestürzte Brücke zwischen Minneapolis und St. Paul. "Was in Minnesota passiert ist, ist einfach nicht akzeptabel", sagte Peters. Notwendig sei nun eine grundsätzliche Überprüfung des US-Brücken-Inspektionsprogramms, "damit sich eine solche Tragödie nicht mehr wiederholen kann".

http://www.morgenpost.de/desk/1077080.html

[Croatia123]

Kurs USA = 1,33$ = 1,06 Euro

[axcol]

LOS ANGELES--(BUSINESS WIRE)--

Material Technologies Inc., (OTCBB:MTTG), a developer of advanced technology to monitor and measure metal fatigue, today announced that it has issued a Special Letter to Shareholders in an effort to update existing Material Technologies investors on the current status of the Company, and more importantly, management's perspective on the Company's future growth outlook. The text from the letter follows:

Dear Shareholder,

I am writing today to bring you up to date on the progress being made by Material Technologies Inc. (MATECH) toward meeting its strategic goals. Bottom line: The news is good. MATECH has completed its long technology-development phase and is now taking its technology to market, with impressive results. Our list of current and potential customers is growing, and Wall Street is taking notice.

As I write this, MATECH stock is up more than 29% over just the past week. Granted, it has been an eventful week for our industry, with the tragic highway bridge collapse in Minneapolis raising fresh concerns about the safety of bridges all over the nation and generating significant media attention for us. But I believe that investors also see MATECH's signature technology, the Electrochemical Fatigue Sensor (EFS) system, as the best means available to address those safety concerns quickly and cost-effectively.

We recently received another vote of investor confidence from an important and influential group of money managers. European institutional investment firms exercised MATECH warrants they had received in a round of equity financing earlier this year. Included here were big names, such as Julius Baer Asset Management of Switzerland and Anima Funds of Italy. The fund managers cited the potential of MATECH's EFS technology to detect cracks in aging bridges and infrastructure in the U.S. and Europe. One of them, Julius Baer Executive Director Alexander Shalash, foresaw a "renewed spending cycle" to repair aging U.S. infrastructure and said MATECH is "favourably positioned to benefit" from it.

Of course, the warrant exercise also helps us by adding to our capital. With our low burn rate and our expectation of rapid revenue growth in the near term, we are now confident that we have sufficient funds to finance our operations for the foreseeable future. In short, we are poised for rapid growth, starting now.

Already, the EFS system has been used by highway departments in Pennsylvania, Utah, Massachusetts and New Jersey. The Pennsylvania deployment is the farthest along, with MATECH benefiting from an "on-call" inspection contract under which the state could use the EFS system as needed, anywhere in the state. Five such inspections have been completed, and several more were under way this summer. And this is just scratching the surface. According to 2006 figures from the Federal Highway Administration, 2,610 of Pennsylvania's 7,605 steel bridges are structurally deficient and another 1,651 are functionally obsolete. We also have been asked in recent months to demonstrate EFS in New York and to use it for verifying crack repairs in Alabama. Overseas, we have met with bridge owners in Australia, the U.K. and elsewhere and they have expressed serious interest in using EFS.

These officials recognize - and many others will come to recognize - that EFS is simply the best technology for testing bridges when judged by accuracy, cost and ease of use. In laboratory tests, it has detected metal-fatigue cracks as small as 0.0004 inch wide and 0.001 inch long. Cracks this size are far too small to be picked up with visual inspection alone or by other methods of inspection in use today, such as acoustic emission (the exciting of metal structures and analysis of resulting sound waves). Eddy current testing, which uses electromagnetic effects to inspect metal structures, is effective at detecting small cracks, but even it can miss cracks that EFS detects. Most importantly, it cannot determine if the crack is growing. EFS can, and this is a crucial advantage.

By measuring ongoing metal fatigue, EFS enables highway agencies to focus on active cracks, which need immediate attention. Knowing the difference is critical to both safety and cost-effectiveness. It helps direct repair money to where it is most needed. Additionally, the EFS is far more effective than these "health monitoring" systems by providing direct measurement of fatigue crack activity. It does this at a fraction of the cost of the extensive strain gauging and modeling that the health monitoring systems use.

Another MATECH technology, the "Fatigue Fuse" sensor, is available to fill the gaps between EFS inspections by monitoring accumulated fatigue in real time. Each Fatigue Fuse, consisting of several notched metal strips, is placed on a high-stress area of a metal structure. As the structure experiences stresses and strains, individual notches crack and separate at calibrated fractions, thereby indicating the amount of fatigue life.

MATECH thus can offer highway agencies and private-sector bridge owners (railroads, for instance) a full safety package based on periodic inspection (EFS) and continuous monitoring (Fatigue Fuse). With no other company providing comparable technology, we have a huge, largely untapped market open to us. To give you some idea of that market's size, in U.S. highway bridges alone, here are some facts:

-- Under federal law, nearly 190,000 steel highway bridges are
subject to inspection every two years. In other words, the
number of annual inspections for which EFS could be used is
nearly 95,000.

-- According to federal data, 39% of the bridges in the U.S. are
structurally deficient or functionally obsolete.

-- In 2006, the Federal Highway Administration (FHWA) classified
39,496 steel highway bridges as structurally deficient.
Another 34,951 were labeled functionally obsolete.

-- Over the past 10 years, on average, a bridge failure (closure
or collapse) occurs once a week on average in the U.S.

-- The average age of U.S. bridges is greater than 50 years, and
most bridges in the U.S. were designed for a 50-year life.

-- According to the Road Information Program(R) (TRIP), 26% of
U.S. bridges in 2005 were not designed to handle current
traffic levels or need major repairs. In the 11 Northeastern
states, 39% of bridges are structurally deficient or
functionally obsolete.

And this is just for the use of EFS on U.S. highway bridges. It does not factor in the potential revenues from Fatigue Fuse, or the use of EFS and/or Fatigue Fuse on railroad bridges and other non-highway structures where metal fatigue is a critical safety issue (these include oil rigs, nuclear power plants and offshore docking stations). Surveying the current state of U.S. infrastructure, and looking at the clear advantages of MATECH technology, you can see why experienced investors are so positive on the company's prospects.

I would like to close by thanking you for your interest in MATECH, and saluting your foresight as an investor in promising but unheralded technology. Your judgment about the prospects of EFS and MATECH is now being rewarded, as you can see from the recent appreciation in share prices. Wall Street is beginning to see what you have seen all along: There is an urgent need for reliable and efficient technology to ensure that bridges and other crucial structures are safe, and MATECH has the technology that best meets this need. I expect to be giving you more good news in the coming months, as the company's growth story progresses and reaches an ever-widening audience of investors.

Yours truly,

Robert M. Bernstein

Chief Executive Officer

Materials Technology, Inc. (MATECH)

Forward-Looking Statements: Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Such statements are indicated by words or phrases such as "believe," "will," "breakthrough," "significant," "indicated," "feel," "revolutionary," "should," "ideal," "extremely" and "excited." These statements are made under "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See the Company's filings with the Securities and Exchange Commission including, without limitation, the Company's recent Form 10-K and Form 10-Qs, which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.

Source: Material Technologies Inc.

----------------------------------------------

Material Technologies
Inc.
Robert Bernstein
310-208-5589
[e-mail]
www.matechcorp.com
or
Investor or Media Relations:
Omar Tajyar
818-382-9704
Cell: 818-201-7455
[e-mail]
www.irintl.com

[Croatia123]

Antwort auf Beitrag Nr.: 31.095.067 von axcol am 09.08.07 14:16:35

Hört sich sehr positiv an. Schauen wir mal was die Amis daraus machen!!

[WeDiWo]

Antwort auf Beitrag Nr.: 31.095.067 von axcol am 09.08.07 14:16:35

Wann erschien diese Meldung?

[Croatia123]

Antwort auf Beitrag Nr.: 31.096.275 von WeDiWo am 09.08.07 15:20:35

Heute um 14:00 Uhr

http://biz.yahoo.com/bw/070809/20070809005383.html?.v=1

[Croatia123]

[Croatia123]

Sieht doch gut aus, oder????

[Croatia123]

Im Tageshoch geschlossen

Die Shortys die vor 2 Tage Leerverkauft haben müssen morgen covern und das zu einem höherem Kurs.

Meiner Meinung nach steigt morgen die Aktie weiter!!

Gute Nacht!!

[Croatia123]